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Bridge

Financing of newly constructed or renovated properties that are currently vacant and stabilized and are ineligible for permanent financing.

Lending Criteria

LOAN AMOUNT

$150,000 to $1.5 million. Loan amounts outside of this range considered.

LOAN TERM

6, 12, 18 or 24-months

PAYMENT TYPE

Interest-only with a balloon payment at maturity

LOAN TO VALUE

Up to 75%; 65% for cash-out

LOAN TO COST

Up to 75%

CLOSING TIMELINE

5 to 10 business days

Additional Guidelines

FICO

680 min soft credit assessment

PROPERTY CONDITION

Must be in C1-C4 condition with no renovations outstanding

ELIGIBLE PROPERTIES

Single-family, townhomes, warrantable condos, and 2-4 units (5-10 units considered)

ELIGIBLE STATES

Nationwide except ND, NV, SD, VT and WV

BORROWER

Loans are made to entities. A personal guarantee is customary.

Mortgages are offered in partnership with Vontive, NMLS ID 1716495 (“Lender”). This is not a commitment to extend mortgage credit. Mortgage products, programs, eligibility criteria, pricing, and terms are subject to change without notice and at the sole discretion of the lender. All data and information is provided “as is” for informational purposes, may not be accurate, and may be subject to change without notice. Unless otherwise communicated in writing, all data and information Lender provides is “as is” without any warranty whatsoever. Additional disclosures and information, including state licensing of Lender, is available at www.vontive.com.

Contact Us Today

Arrange a consultation with us today to delve into your real estate transaction. Discover how we can guide you seamlessly to the closing table.

Opportunity Enterprises: Guiding Your Real Estate Deals to a Seamless Closing.

Contact

Address:

4480H S. Cobb Dr. STE475, Smyrna, GA 30080

info@opportunityenterprises.com


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